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Q:

Which bank has signed a 'Line of Credit' with the German Development Bank for solar project?

  • 1
    State Bank of India
  • 2
    Bandhan Bank
  • 3
    Punjab National Bank
  • 4
    ICICI Bank
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Answer : 1. "State Bank of India"
Explanation :

State Bank of India (SBI) has signed a Line of Credit (LOC) of Euro 70 million (about Rs 630 crore) with German development bank KfW to promote solar projects in the country. The objective of the LOC is to promote solar photovoltaic (PV) projects in India.

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